Obama warns Russia of 'costs' in Ukraine

KIEV, UKRAINE - FEBRUARY 22: Anti-government demonstrators remain in Independence square February 22, 2014 in Kiev, Ukraine. The offices of Ukrainian President Viktor Yanukovych have been left unguarded, with the protesters in full control of the streets surrounding the government district. The opposition have called for elections to take place on May 25 and demanded that President Yanukovych stand down immediately. (Photo by Jeff J Mitchell/Getty Images)(Photo: Jeff J Mitchell Getty Images)

WASHINGTON - President Barack Obama is warning Russia there will be costs if Russia intervenes militarily in Ukraine.

Obama says the U.S. is deeply concerned by reports of military movements by Russia inside Ukraine.

He says any violation of Ukraine's sovereignty and territorial integrity would be destabilizing. He says it would violate Russia's commitment to respect Ukraine's borders and would invite global condemnation.

Obama says the U.S. stands with the world community to affirm there will be costs for an intervention.